Check out other loans that are currently fundraising!
Jose
José possesses many fine qualities and values and has been able to earn the respect of everyone on account of his humility and his tremendous commitment to his work. He is married with three children and lives in Otavalo. He works in the manufacture of woollen bags and handbags, a business which he started 5 years ago, at the suggestion of his wife. His work has given him great satisfaction, such as being able to see his sons grow up and help with the household chores. José is applying to FODEMI for a loan which will help him to continue expanding his business and meet the demand which currently exists for his products. José's dream is to have a small business making woollen and cotton bags and handbags and to be able to provide job opportunities for people who are looking for work.
View original language description ↓
Don José es una persona llena de virtudes y valores que ha sabido ganarse el respeto de todos por su humildad y su gran empeño en el trabajo, Don José es casado y tiene tres hijos, él vive en Otavalo y se dedica a la confección de bolsos y sacos en lana, negocio que comenzó hace mas de 5 años por iniciativa de su mujer, este trabajo le ha dado grandes satisfacciones como el ver crecer a sus hijos y ayudar en las tareas del hogar.
Don José solicito un crédito a FODEMI, para invertir en la compra de materia prima como lana de diferentes colores para la confección de bolsos y sacos inversión que le va a ayudar a seguir creciendo en su negocio y cumplir con la demanda que actualmente tiene en la venta de sus productos.
El sueño que don José tiene es tener una pequeña empresa de fabricación de sacos y bolsos a base de lana y algodón y con esto brindar fuentes de trabajo a las personas que necesiten trabajar.

Additional Information

About VisionFund Ecuador

VisionFund Ecuador is a microenterprise development fund that supports groups of entrepreneurs who lack access to formal financial systems. The organization works with vulnerable populations, especially women, in the marginalized urban and rural sectors of Ecuador. Its clients work in a variety of sectors including agriculture, artisan crafts and the commercial and service sectors. Kiva lenders’ funds are used to expand the organization’s services to the poor living in more rural parts of Ecuador.

About Ecuador

  • $10,600
    Average annual income
  • 45
    View loans »
    Ecuador Loans Fundraising
  • $24,295,300
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Jose to buy wool of different colours for the manufacture of bags and handbags.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 8, 2013
Listed
Jan 15, 2013
Currency Exchange Loss:
N/A
Ended:
Feb 26, 2014